KONSULENTFIRMAET Aage P Danielsen

4637 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

53,85 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2003	2002	2001	2000
Revenue	3 255 000	4 399 000	4 876 000	2 684 000
Net Income	581 000	944 000	810 000	553 000
Total Assets	1 532 000	1 992 000	2 174 000	1 251 000
Total Equity	1 079 000	1 562 000	1 416 000	993 000

Income (NOK)	2003	2002	2001	2000
Revenue	3 255 000	4 399 000	4 876 000	2 684 000
Expenditure	2 674 000	3 461 000	4 072 000	2 135 000
Operating Profit	581 000	938 000	804 000	549 000
Financial Income	2 000	6 000	6 000	4 000
Financial Costs	2 000	0	0	0
Financial Balance	0	6 000	6 000	4 000
Earnings Before Tax	581 000	944 000	810 000	553 000
Tax	0	0	0	0
Net Income	581 000	944 000	810 000	553 000

Balance (NOK)	2003	2002	2001	2000
Total Fixed Assets	253 000	330 000	369 000	335 000
Total Current Assets	1 279 000	1 662 000	1 805 000	916 000
Total Assets	1 532 000	1 992 000	2 174 000	1 251 000
Total Retained Equity	1 079 000	1 562 000	1 416 000	993 000
Total Equity	1 079 000	1 562 000	1 416 000	993 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	452 000	431 000	759 000	257 000
Total Equity and Debt	1 532 000	1 993 000	2 175 000	1 250 000

Cash flow (NOK)	2003	2002	2001	2000
Sales Income	3 195 000	4 396 000	4 858 000	2 684 000
Other Income	60 000	3 000	18 000	0
Revenue	3 255 000	4 399 000	4 876 000	2 684 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 651 000	2 603 000	2 476 000	1 271 000
Depreciation	78 000	88 000	84 000	72 000
Impairment	0	0	0	0
Expenditure	2 674 000	3 461 000	4 072 000	2 135 000
Operating Profit	581 000	938 000	804 000	549 000
Financial Income	2 000	6 000	6 000	4 000
Financial Costs	2 000	0	0	0
Financial Balance	0	6 000	6 000	4 000
Dividends	0	0	0	0
Net Income	581 000	944 000	810 000	553 000

Balance details (NOK)	2003	2002	2001	2000
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	49 000	61 000	72 000	0
Fixtures	204 000	269 000	297 000	335 000
Total Tangible Assets	253 000	330 000	369 000	335 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	253 000	330 000	369 000	335 000
Stock	0	0	0	334 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 279 000	1 662 000	1 805 000	916 000
Total Assets	1 532 000	1 992 000	2 174 000	1 251 000
Total Equity	1 079 000	1 562 000	1 416 000	993 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	49 000	73 000	171 000	9 000
Unpaid Taxes	234 000	181 000	387 000	146 000
Dividends	0	0	0	0
Other Current Debt	170 000	177 000	201 000	102 000
Total Current Debt	452 000	431 000	759 000	257 000
Total Equity and Debt	1 532 000	1 993 000	2 175 000	1 250 000

Financial indicators	2003	2002	2001	2000
Return on Equity	53,85 %	60,44 %	57,2 %	55,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,85 %	21,32 %	16,49 %	20,45 %
Current Ratio	2,83	3,86	2,38	3,56
Quick Ratio	2,83	3,86	2,38	−11,9
Equity Ratio	0,7	0,78	0,65	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %